The weekly price s above Ichimoku cloud in the bullish area of the chart. The Chinkou Span of Ichimoku indicator broke historical price to above for the good bullish breakout, but Stochastic indicator is showing the overbought condition for the price. For now, the price is on ranging within 194.2/267.6 s/r channel waiting for direction of the strong bullish trend to be continuing or to the secondary correction to the bearish reversal to be started with 149.1 as the next target. Recommendation: bullish ranging; watch the levels
The price was bounced from 194.2 support to above to the resistance level at 267.6 to be broken for good bullish breakout. New resistance level is 352.8
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The resistance level at 352.8 was broken to above. The bullish breakout is going to be continuing.
The price was bounced from 194.2 support to above to the resistance level at 267.6 to be broken for good bullish breakout.
New resistance level is 352.8
The price is on testing the resistance level at 267.6 to above for the bullish trend to be continuing.